This major acquisition will result in ARKANCE more than doubling its revenue. The latter, which amounted to 220 million euros in 2022, will thus exceed the 500-million-euro mark on a full year basis.
This investment will enable ARKANCE, which until now has been present mainly in Europe, to expand its global reach. Since its creation in 2011, ARKANCE has become a leading European player spanning 14 countries with 800 employees spread across 30 offices.
VinZero has 550 employees and is present in the United States, Australia, New Zealand, India and the United Kingdom spread across 32 offices under its subsidiary brands A2K Technologies, Cadline, Capricot Technologies and U.S CAD.
In total, the new entity will cover more than 18 countries supported by more than 60 local offices.
"We are very pleased to welcome VinZero to our group. In a few years, ARKANCE has become a leader in many European countries. With this new acquisition, we will benefit from global reach and increased expertise, and gain the ability to help our traditional clients in their digital transition, while keeping our roots to offer international coverage with local strength", says Philippe Monnoyeur, CEO of the Monnoyeur Group and long aware of the major impact of digitization on his clients.
Both ARKANCE and VinZero have capitalised for many years on the distribution of solutions from strategic, leading and innovative technology partners. The new entity has become the world's leading distributor of Autodesk, the giant publisher of specialized software for design and manufacturing (e.g., AutoCAD software), particularly for the construction and engineering industries.
To best support digitalisation in the design and construction of architectural, industrial and infrastructure projects and to deliver complete solutions, the group will also be able to draw on an expanded network of skills to develop software in-house.
"ARKANCE now has the critical mass to develop sophisticated solutions, and the enhanced ability to deliver them and capture the growth of digitalization trends. Our ambition is to be the trusted partner in our customers' digital transformation by enabling them to balance results and profitability. We rely on an international team of industry experts who understand the challenges of an ever-changing digital environment," says Grégoire Arranz, ARKANCE CEO.